Common use of Ability to Carry Out Obligations Clause in Contracts

Ability to Carry Out Obligations. The execution and delivery of this Agreement by Buyer and the performance by Buyer or conflict with or result in (a) any material breach or violation of any of the provisions of or constitute a default under any license, indenture, mortgage, charter, instrument, certificate of incorporation, bylaw, or other agreement or instrument to which Buyer is a party, or by which it may be bound, nor will any consents or authorizations of any party other than those hereto be required, (b) an event that would permit any party to any material agreement or instrument to terminate it or to accelerate the maturity of any indebtedness or other obligation of Buyer, or (c) an event that would result in the creation or imposition of any material lien, charge, or encumbrance on any asset of Buyer.

Ability to Carry Out Obligations. The execution and delivery of this Agreement by Buyer and the performance by Buyer or will not conflict with or result in (a) any material breach or violation of any of the provisions of or constitute a default under any license, indenture, mortgage, charter, instrument, certificate of incorporation, bylaw, or other agreement or instrument to which Buyer is a party, or by which it may be bound, nor will any consents or authorizations of any party other than those hereto be required, (b) an event that would permit any party to any material agreement or instrument to terminate it or to accelerate the maturity of any indebtedness or other obligation of Buyer, or (c) 8 an event that would result in the creation or imposition of any material lien, charge, or encumbrance on any asset of Buyer.

Ability to Carry Out Obligations. The -------------------------------- execution and delivery of this Agreement by Buyer and the performance by Buyer or will not conflict with or result in (a) any material breach or violation of any of the provisions or of or constitute a default under any license, indenture, mortgage, charter, instrument, certificate of incorporation, bylaw, or other agreement or instrument to which Buyer is a party, or by which it may be bound, nor will any consents or authorizations of any party other than those hereto be required, (b) an event that would permit any party to any material agreement or instrument to terminate it or to accelerate the maturity of any indebtedness or other obligation of Buyer, or (c) an event that would result in the creation or imposition of any material lien, charge, or encumbrance on any asset of Buyer.

Ability to Carry Out Obligations. The execution and delivery of this Agreement by Buyer and the performance by Buyer or will not conflict with or result in (a) any material breach or violation of any of the provisions or of or constitute a default under any license, indenture, mortgage, charter, instrument, certificate of incorporation, bylaw, or other agreement or instrument to which Buyer is a party, or by which it may be bound, nor will any consents or authorizations of any party other than those hereto be required, (b) an event that would permit any party to any material agreement or instrument to terminate it or to accelerate the maturity of any indebtedness or other obligation of Buyer, or (c) an event that would result in the creation or imposition of any material lien, charge, or encumbrance on any asset of Buyer.

Ability to Carry Out Obligations. The execution and delivery of this Agreement by Buyer and the performance by Buyer or conflict with or result in (a) any material breach or violation of any of the provisions of or constitute a default under any license, indenture, mortgage, charter, instrument, certificate of incorporation, bylawby-law, or other agreement or instrument to which Buyer is a party, or by which it may be bound, nor will any consents or authorizations of any party other than those hereto be required, (b) an event that would permit any party to any material agreement or instrument to terminate it or to accelerate the maturity of any indebtedness or other obligation of Buyer, or (c) an event that would result in the creation or imposition of any material lien, charge, or encumbrance on any asset of Buyer.

Ability to Carry Out Obligations. The execution and delivery of this Agreement by Buyer the Member and the performance by Buyer the Member of his obligations hereunder will not cause, constitute or conflict with or result in (ai) any material breach or violation of any of the provisions of or constitute a default under any license, indenture, mortgage, charter, instrument, certificate of incorporation, bylaw, or other agreement or instrument to which Buyer the Member is a party, or by which it may be bound, nor will any consents or authorizations authorization of any party other than those hereto be required, (bii) an event that would permit any party to any material agreement or instrument to terminate it or to accelerate the maturity of any indebtedness or other obligation of Buyerthe Member, or (ciii) an event that would result in the creation or imposition of any material lien, charge, charge or encumbrance on any asset of Buyerthe Member.

Ability to Carry Out Obligations. The execution and delivery of this Agreement by Buyer and the performance by Buyer or conflict with or result in (a) any material breach or violation of any of the provisions of or constitute a default under any license, indenture, mortgage, charter, instrument, certificate of incorporation, bylaw, or other agreement or instrument to which Buyer is a party, or by which it may be bound, nor will any consents or authorizations of any party other than those hereto be required, (b) an event that would permit any party to any material agreement or instrument to terminate it or to accelerate the maturity of any indebtedness or other obligation of Buyer, or (cc ) an event that would result in the creation or imposition of any material lien, charge, or encumbrance on any asset of Buyer.